TELUS, in a recent press meet, has announced that it has set new science-based GHG emissions reduction targets that have officially been approved by the Science Based Targets initiative (STBi), which will further demonstrate its global sustainability leadership and will lend support to the world's fight against climate change. TELUS said that it is committed to reducing absolute Scope 1 and 2 GHG emissions by 46 percent by 2030.
The company aims to reduce absolute scope 3 GHG emissions from business travel and employee commuting and reduce scope 3 GHG emissions from purchased goods and services to 75 percent per million dollars of revenue within the same timeframe. TELUS released its 2020 Sustainability Report showcasing its aim of improving environmental, social, and governance strategy and priorities that include an ambitious goal to achieve net carbon neutrality in its operations by 2030.
This initiative by TELUS defines and promotes best practices in science-based target setting. It also offers resources and guidance to reduce barriers to adoption and independently assesses and approves companies' targets. The company utilizes an improved and robust set of methodologies that helps them enhance and measure emissions reduction required for each sector to prevent catastrophic global warming.